Two Dollars 1999 (Silver, Sovereign), Coin from Australia - detailed information

Two Dollars 1999 (Silver, Sovereign), Coin from Australia
CoinTwo Dollars 1999 (Silver, Sovereign)

The two dollar coin denomination (written as $2) was introduced in Australia in 1988, replacing the earlier banknotes. The original reverse design by Horst Hahne on circulating coins has not been changed since its introduction. The denomination is also often used to issue circulating commemorative coins with various reverses.

Apart from the circulating coinage, both the Royal Australian Mint and the Perth Mint have extensive programs issuing $2 coins for collectors (Non-Circulating Legal Tender, or NCLT), such as this one.

This coin was issued as part of the 1999 Masterpieces in Silver - Coins of the 20th Century: Memories six-coin set, highlighting important times in Australian history (mintage limit 15,000, issue price A$125.00). The reverses of each coin show a historic Australian coin design, in mirror-finish proof; the denomination and value are on the obverse.

The five cents coin depicts a 1939 kangaroo-type halfpenny.
The ten cents coin depicts a 1930 penny.
The twenty cents coin depicts a 1942 threepence.
The fifty cents coin depicts a 1918 sixpence.
The one dollar shows a 1940 shilling.

The two dollar coin shows a 1920 sovereign with an S mint mark.
In 1920, only the Australian branches of the Royal Mint were still striking imperial sovereign coins. Only 360,000 sovereigns were produced by the Sydney Mint, which closed soon after; most coins were later melted and just a handful are known to exist today.

These coins are Non-Circulating Legal Tender (collector issue); composition: fine silver (99.9%). No coins of this type have been released into circulation.

MintRoyal Australian Mint Mint MarkNo mint mark Total Mintage15,000
Obverse

Crowned mature head of Queen Elizabeth II facing right (effigy known as the "Fourth Portrait"). The Queen wears the "Girls of Great Britain and Ireland" diamond tiara, a wedding gift from Queen Mary (Her Majesty's grandmother) in 1947 - which she also has on the Machin and the Gottwald portraits.

In tiny letters below the head, the artist's initials IRB (for Ian Rank-Broadley).

Around the effigy is the monarch's legend and the date: ELIZABETH II AUSTRALIA 1999.

Obverse Inscription ELIZABETH II AUSTRALIA 1999
Reverse

Within a central circle illustrating a sovereign coin of the St George type, a depiction of the legend of St George as the slayer of the dragon.

St George is on horseback, advancing to right, wearing a helmet and cape and holding a sword; below the horse, the fallen dragon with lance in its side. In exergue, the date 1920. On the ground below the hoof of the horse, a tiny mint mark in relief: S for the Sydney Mint.

Outside the central circle, around above the text 1999 MASTERPIECES IN SILVER; around below, the value and denomination TWO DOLLARS.

Reverse Inscription 1920 1999 MASTERPIECES IN SILVER TWO DOLLARS
EdgeMilled interrupted (20 notches in 4 sections)Edge InscriptionNone
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Two Dollars 1999 (Silver, Sovereign): Details
CountryAustralia
CurrencyAustralian Dollar
Coin TypeTwo Dollars (NCLT)
Issued1999
MonarchQueen Elizabeth II
EffigyQueen Elizabeth II - Fourth Portrait, by Ian Rank-Broadley
Face Value2 (x Dollar)
Mintage15,000
CurrentYes
Material0.9999 Silver
DesignerBenedetto Pistrucci
TechnologyMilled (machine-made)
ShapeRound
OrientationMedal Alignment (Axis 0)
Size (mm)28.5200
Thickness (mm)2.8000
Mass (g)13.3600
OCC IDGAVP-EXAC-AJLK-OMDY
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